Merkel reportedly breaks her foreign aid promise

DDP/The Local
DDP/The Local - [email protected] • 27 Jun, 2008 Updated Fri 27 Jun 2008 12:35 CEST
image alt text

German Chancellor Angela Merkel won't keep her word about increased aid spending for poorer countries, according to Munich daily Süddeutsche Zeitung on Friday.


The paper reported that budget pressures are putting the squeeze on spending plans, citing draft legislation for the 2009 federal budget and mid-term economic planning, which the cabinet will release next week.

While the budget for Germany's Development Ministry - as well as spending for research - will be increased, they will not see the levels of funding that were promised.

Merkel had vowed to spend 0.51 percent of Germany's gross domestic product on international aid by 2010. Right now, that number stands at 0.37 percent and will stay at that level next year.

Berlin had also promised to spend 3 percent of its GDP on research and development by 2010. Right now, the government allocates 2.5 percent of its budget to research and would need to invest an additional €10 billion to reach the 3 percent goal.

Another reason for the failure to reach the spending goals is due to strong economic growth in Germany - which means it takes more to match a percentage of GDP - and debt relief programmes for developing countries that are expiring.



DDP/The Local 2008/06/27 12:35

Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.

Please log in to leave a comment.

See Also